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Farmcrowdy launches Crowdyvest for impact-driven projects

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CEO of Farmcrowdy, Onyeka Akumah

Farmcrowdy has launched a new initiative-Crowdyvest to foster a broader avenue for economic growth and build a system that will span across Nigeria and the entire Africa continent.

At the unveiling ceremony of the brand in Lagos, the Founder and CEO of Crowdyvest, Onyeka Akumah, described the new initaitive as an impact-driven platform that connects individuals to multiple sponsorship opportunities that are safe, trusted and secure.

While saying that Crowdyvest is an exclusive-style platform that connects sponsors with sponsorship opportunities within the 17 United Nations Sustainable Development Goals (SDGs), including Agriculture and other impact-driven sectors, he said its launch will see a successful migration of all the existing sponsors under the Farmcrowdy platform without any need to create a fresh account.

“New sponsors will also be able to sign up to a safe, secure and trusted platform for free. Every sponsor will continue to safely sponsor farms on the Farmcrowdy platform, as well as all other portfolio products and sponsorship opportunities to be launched via the Crowdyvest platform in the future.

“We have been able to successfully implement a business model in one of the most challenging sectors in the world, driving growth in Agriculture (Food and Security). With our model, we have connected over 25,000 farmers with access to funding, technical expertise and market access by continuously creating value for them and we now intend to implement this across other sectors of the economy, while having a direct impact on the achievement of the United Nation’s SDGs.

According to Kenneth Obiajulu, who now heads Farmcrowdy as the Managing Director: “It has been an amazing opportunity to lead a brand like Farmgate Africa and achieving a great amount of traction in such a short period of time. The plan is now to consolidate on the traction from both Farmcrowdy and Farmgate Africa to build a more robust Farmcrowdy that can create more value points across the African agricultural value chain.”

Prior to joining Farmgate, Obiajulu had worked and consulted for international organisations like The World Bank Group, TechnoServe, Sustainable Food Lab, Accenture, Nigerian Breweries, among others.


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